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   Colemont Global Group Goes Live

London, 1 January 2009 - Total Objects Limited, one of the leading solutions providers to the Insurance markets has announced a significant contract and successful implementation for its fully integrated, London market compliant software solution GLOBAL XB. For the first time Colemont Global Group (CGG) will be managing their entire operation, having previously used a bureau service.   
 
CGG selected the GLOBAL XB solution to support its recent growth which has seen over twenty offices opening throughout Europe. With their head office in London and offices throughout Europe, a more sophisticated software system was required to avoid re-keying data, meet the regulatory requirements of the London market and allow remote access. 
 
Colemont Global Group is the hub for Colemont's full service worldwide insurance and reinsurance brokerage network. Established in early 2005 by Colemont Corporation, Colemont Global Group is backed by one of the largest specialty wholesale insurance brokers in the United States. Since its inception, Colemont's global network has rapidly expanded its operations, opening offices in the Argentina, Brazil, Bulgaria, Chile, Dubai, Estonia, Finland, Latvia, Miami USA, Russia, Spain, Sweden, and the United Kingdom.
 
Laurence King, MD of International Risks, commented, "We evaluated many different solutions before selecting GLOBAL XB. The solution stood out as it offered everything we needed in one integrated package. Other key elements that made GLOBAL XB first choice was Total Objects’ in-depth knowledge of the industry and support of all the industry initiatives. The service and support we have received from Total Objects has been first-rate". 
 
"This latest contract from CGG continues to illustrate how Total Objects’ commitment to the Insurance industry is paying dividends," said Jim Barry, Managing Director of Total Objects. "The functionality of the GLOBAL XB solution met all of CGG’s existing and identified future requirements, was deemed to be intuitive and used technology that all CGG’s personnel were familiar with, ensuring early user acceptance.”  He continued “In addition our commitment to developing GLOBAL XB in line with all the market initiatives such as ECF and A&S will ensure that GLOBAL XB will prove to be the system of choice in our chosen market.” 
 
GLOBAL XB has been developed specifically for Insurance Brokers. As a result it has superior industry functionality providing comprehensive support for the entire process carried out by a London broker. In addition it has fully integrated Document Management and Work Flow, as well as a sophisticated end user reporting tool and messaging platform that takes care of the collaboration required for industry initiatives and other third parties. It allows brokers to maximise the potential of their worldwide operations by simplifying processes and effortlessly delivering the operational and management information they require. 
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